JPMorgan, Goldman Sachs, Morgan Stanley to form data company: Report

Last Updated: Thursday, August 20, 2015, 08:57

JPMorgan Chase & Co , Goldman Sachs Group Inc and Morgan Stanley are working to create a company that will pull together and clean reams of data used to determine pricing and transaction costs, the Wall Street Journal reported.

Oil prices fall ahead of US stocks data

Last Updated: Wednesday, August 19, 2015, 09:22

US benchmark West Texas Intermediate for September delivery fell 17 cents to USD 42.45 a barrel and Brent crude for October dipped 23 cents to USD 48.58 a barrel in late-morning Asian trade.

Asian shares struggle as China stocks extend fall

Last Updated: Wednesday, August 19, 2015, 09:05

The Shanghai Composite Index retreated 3.9 percent, a day after worries that the central bank could be in no hurry to ease policy further pushed it down 6.1 percent.

Gold firms on weak US data, China caution lingers

Last Updated: Tuesday, August 18, 2015, 09:17

Gold rallied to its highest since mid-July last week after Beijing`s mini-devaluation of the yuan, as analysts speculated that a weakening Chinese currency could prompt the Federal Reserve to postpone an expected rise in US interest rates.

Asian shares steady for now after mixed US data

Last Updated: Tuesday, August 18, 2015, 08:33

The dollar-denominated MSCI broadest index of Asia-Pacific shares outside Japan was flat near its two-year low marked on Monday.

Growth in manufacturing positive; economy firmly on growth path: FM

Last Updated: Thursday, August 13, 2015, 00:04

Growth in manufacturing sector is a positive development and shows that the economy is firmly on the growth path, Finance Minister Arun Jaitley said Wednesday.

India Inc hopes RBI to cut rates after robust IIP data

Last Updated: Wednesday, August 12, 2015, 22:48

With industrial production hitting a 4-month high of 3.8 percent in June, India Inc Wednesday said it indicates revival in industrial activity on the back of improved performance of manufacturing, and should motivate the RBI to slash interest rates.

Retail inflation at record low, industrial production at 4-month high

Last Updated: Wednesday, August 12, 2015, 22:45

Retail inflation fell to a record low of 3.78 percent in July and industrial production hit a 4-month high of 3.8 percent in June, which may bring cheer to investors and add to the clamour for interest rate cut by RBI.

Domestic car sales up 17.47% in July

Last Updated: Monday, August 10, 2015, 19:38

This marks the ninth consecutive month of domestic sales growth for passenger cars and a strong rebound from a modest rise of just 1.5 per cent in June.

MTS rolls out open Web data plans across 9 circles

Last Updated: Monday, August 10, 2015, 17:13

Seeking to put itself on the right side of the Net neutrality debate, Sistema Shyam Teleservices (SSTL) Monday launched open Web data plans, starting at Rs 299, giving users equal access to all websites and services.

Operators have to intimate customers about data usage: TRAI

Last Updated: Friday, August 7, 2015, 23:12

India`s telecom regulator TRAI on Friday made it mandatory for telecom operators to issue notices in form of USSD or SMS about data usage to its customers at regular intervals.

Now get mobile data deactivated by a call or SMS to 1925

Last Updated: Friday, August 7, 2015, 18:46

The new directive from telecom regulator TRAI follows a large number of complaints from customers that mobile operators were keeping the process of deactivation very complex to earn extra revenue.